Learning Objectives
- Use supply & demand analysis.
- Apply the concept of opportunity cost.
- Use marginal analysis.
- Use the model to explain behavior of economic agents in different market structures.
- Explain the causes of short-run fluctuations in macro variables.
- Explain the determinants of long-run economic growth.
- Predict the effects of various micro and macro policies using the appropriate models.
- Gather, analyze, and interpret economic data.
- Describe the role and function of financial market, institutions, and policies.
- Analyze global economic issues.
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